Foreign Interests Sample Clauses
The FOREIGN INTERESTS clause defines how the involvement of foreign entities or individuals is addressed within the context of the agreement. Typically, this clause outlines disclosure requirements for any foreign ownership, control, or financial interest in the parties to the contract, and may set limitations or require prior approval for such interests. Its core function is to ensure transparency and compliance with applicable laws or regulations regarding foreign participation, thereby mitigating legal and regulatory risks associated with undisclosed or unauthorized foreign involvement.
Foreign Interests. Unless otherwise provided, the Purchaser warrants that:
Foreign Interests. No foreign government, agency of a foreign government, or representative of a foreign government; no business enterprise or other entity organized, chartered or incorporated under the laws of any country other than the United States or its territories; nor any person who is not a citizen or national of the United States (i) owns a voting interest in Buyer sufficient to elect, or is otherwise entitled to representation on, Buyer’s governing board; (ii) has or will have the ability to access classified information in the possession of any cleared facility of any subsidiary of Buyer; or (iii) has the power, direct or indirect (whether or not exercised, and whether or not exercisable through the ownership of Buyer’s securities, by contractual arrangements or other means), to direct or decide matters affecting the management or operations of Buyer (the affiliations described in clauses (i), (ii) or (iii), “Foreign Interests”), in a manner that may result in unauthorized access to classified information or may adversely affect the performance of classified contracts. No fact or circumstance related to the Buyer or its ownership would preclude or delay national security classification clearance in a manner that would materially delay Buyer’s ability to perform its obligations under this Agreement.
Foreign Interests. 26.01 The Purchaser warrants that;
(a) the Purchaser is not a "foreign person" within the meaning of section 21A of the Foreign Acquisitions and Takeovers ▇▇▇ ▇▇▇▇ as the meaning of that expression is extended by the operation of section 4(6) ofthat Act; and
(b) the Purchaser is not a "person to whom this section applies" within the meaning of that expression in section 26A of the Foreign Acquisitions and Takeovers ▇▇▇ ▇▇▇▇ as that section is affected by section 5A of that Act.
Foreign Interests. The Buyer warrants that either:
(1) the Buyer’s acquisition of the Property is not a notifiable action; or
(2) the Buyer has received a no objection notification under the Foreign Acquisitions and Takeovers ▇▇▇ ▇▇▇▇ (Cth).
Foreign Interests. The Buyer shall (i) cooperate with the Seller Parties in providing accurate information with respect to foreign ownership and control as described in CFIUS regulations, the NISPOM, and the ITAR for purposes of Sellers Parties’ due diligence and in preparation of all necessary filings and notifications as described in this section; and (ii) assist Seller Parties in describing such foreign ownership or control in all relevant filings to Governmental Authorities, as described in this section. The Buyer acknowledges that, so long as the Seller Parties comply with their obligations under Sections 6.7(a) and (b), to the extent that any Governmental Authority does not grant an approval or consent for the contemplated transaction due to Buyer’s foreign ownership or control, the lack of such approval or consent will not be deemed to be a breach of Seller Parties’ obligations under this Agreement.
Foreign Interests. Parent is not a “foreign person” as defined at 31 C.F.R. §800.216, is not under “foreign ownership, control or influence” as defined at §2-300(a) of the NISPOM, and is not a “foreign interest” as defined in NISPOM Appendix C.
Foreign Interests